All eyes on the ECB meeting today
Sterling hit a three-month low against the euro before recovering again, this happened as the release of the European Union’s draft guidelines for a future trade deal with Britain underlined […]
Brexit negotiations control Sterling
The UK focus is likely to be on developments in the Brexit negotiations. The EU-27 countries will discuss the European Commission’s draft guidelines on future EU-UK relations before European Council […]
Sterling volatile after May’s speech
The euro is lower this morning as results from Italy pointed to a far messier than expected outcome, with a strong showing for anti-establishment parties and no groupings looking strong […]
All eyes on May’s speech
Sterling steadied close to a seven-week low against the dollar today, all eyes are on a speech from Prime Minister Theresa May on her plans for a trade deal with […]
UK – manufacturing better than expectations
Sterling steadied this morning against the dollar after falling this week over worries Britain will not secure a Brexit transition deal, while traders waited for UK manufacturing data. Manufacturing came […]
US Dollar Strenthens
Sterling slightly fell this morning as investors are very cautious before the publication of a first EU draft of a withdrawal treaty. EU negotiator Michel Barnier accused the British government […]
Big day for dollar
The dollar dipped against most majors this morning as investors awaited Federal Reserve Chairman Jerome Powell’s first congressional testimony later in the day. Any indications the Fed is leaning towards […]
Euro could weaken further
Sterling rose this morning after comments from the once-dovish Bank of England deputy governor reinforced the view that the bank would soon raise rates, while the opposition Labour party’s support […]
Euro weakness, Sterling on the rise
The euro has weakened this morning and is set to post its second-biggest weekly loss in nearly four months as investors trim positions before a big week for global currency […]
Sterling Update
The US Dollar strengthened last night, this was after the Fed meeting showed policymakers are confident in rising inflation and the need for interest rates to keep increasing. The minutes […]